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Emerald Residence is a quiet and low profile development of homes strategically located in Bandar Mahkota Cheras with amazing accessibility to save time on the road. It is a product of a developer that is well renowned in Cheras with the majority of their past projects focused within this township. They have had an excellent track record of high quality and affordable homes making them a favourite of locals.
Emerald Residence is another one such product that is designed for those of the middle income bracket with its central location in the heart of Cheras. It is built with a contemporary design that will make it stand out in its neighbourhood of landed properties. Situated on prime freehold land, Emerald Residence is another attraction unto itself for first time home buyers and home upgraders.
Emerald Residence will be a very low density development of only 336 units spread out across two blocks of development. As Emerald Residence is a medium rise, each tower is only 11 storeys tall with an average of approximately 15 units to a floor. The density of living here is hence on the higher side, but the developers still expect the development to have a quiet nature.
Emerald Residence is a home that is dedicated to family living with homes sized between 1,161 sf and 1,316 sf with every home bearing three bedrooms and two bathrooms. There are four choices of layouts with two of them featuring corner units and the other two intermediate units.
Although many buyers are apprehensive of the peak hour traffic congestion in Cheras, Emerald Residence is built against the peak-hour traffic flow; hence traffic congestion is ultimately minimised and commuters are able to get to and from work with ease while traffic increases on the opposite direction.
At Emerald Residence, living is redefined with spacious units and floor-to-ceiling glass windows. The functional living space offers comfort and convenience which is perfect for both single and family occupants. Residents are able to enjoy the features and facilities and relax with a peace of mind thanks to the round-the-clock security.
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Did you know?
Check out the value of surrounding recently completed properties to make the best buying decision.
Property Name | Year of Completion | Ad Selling Price | Ad Rental Price | Avg Transacted Price | Avg Rental Yield (%) |
---|---|---|---|---|---|
Emerald Residence | 2017 |
RM332,000
-
RM600,000
RM 272 psf - RM 473 psf |
RM1,100 - RM1,100 | NIL | 3.99 % |
Suria Residence | 2015 |
RM290,000
-
RM3,800,000
RM 232 psf - RM 3,047 psf |
RM900 - RM900 | NIL | 0.79 % |
Quartz Villa | Mar 2014 |
RM819,000
-
RM880,000
RM 292 psf - RM 369 psf |
RM1,800 - RM3,000 | NIL | 3.39 % |
Pearl Villa | 2014 |
RM329,000
-
RM4,000,000
RM 295 psf - RM 3,916 psf |
NIL | NIL | NIL |
Eastpark 72 | 2014 |
RM1,580,000
-
RM3,411,720
RM 200 psf - RM 653 psf |
RM6,000 - RM6,000 | NIL | 2.6 % |
Section 6 | 2010 |
RM189,000
-
RM5,000,000
RM 280 psf - RM 666 psf |
RM650 - RM650 | NIL | 3.62 % |
Taman Seri Budiman | May 2009 |
RM399,000
-
RM4,700,000
RM 285 psf - RM 587 psf |
RM1,200 - RM1,200 | NIL | 0.61 % |
Did you know?
Check out the past transacted prices of this neighbourhood to make the best buying decision.
Non-Landed | Landed | Commercial | |
---|---|---|---|
0 - 500 SQ. FT | - | - | - |
500 - 1,000 SQ. FT | - | - | - |
1,000 - 1,500 SQ. FT | - | - | - |
1,500 - 2,500 SQ. FT | - | - | - |
2,500 - 4,000 SQ. FT | - | RM 845,000 psf | - |
4,000 SQ. FT and above | - | RM 1,070,000 psf | - |
Note:
Down Payment (10%) | RM 45,800 |
Loan Amount ( 90 %) | RM 412,200 |
Tenure Years | 35 Years |
Interest Rate | 4.85% |
Others (Estimation) | RM 10,000 |
Disclaimer
The information shown is indicative and for illustration only. It does not guarantee the accuracy of the calculation and accepts no liability for any inaccuracies or omissions. The above does not constitute an offer of credit nor does it guarantee that the credit facility applied for will be approved. All applications for financing are subject to credit evaluation and approval and it reserves the right to approve or reject such applications without assigning any reason therefore.
All interest rates shown are indicative according to criteria provided by financial service providers and this is an estimated figure only do not constitute a guaranteed figure. Please consult your respective financial provider for the exact interest rate.
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